PUBLISHER: The Business Research Company | PRODUCT CODE: 1932792
PUBLISHER: The Business Research Company | PRODUCT CODE: 1932792
Midstream oil and gas equipment comprises the equipment and infrastructure responsible for transporting and storing oil and gas after extraction from the ground and before refining or processing for use. This equipment ensures the safe and efficient transportation of oil and gas products over long distances, minimizing the risk of spills or other accidents.
The primary types of midstream oil and gas equipment include pipes, rail tank cars, gas processing equipment, storage tanks, pumps, valves, and compressors. Pipes are cylindrical, hollow structures made of metal, plastic, or other materials used to convey fluids (liquids or gases) from one point to another. They are utilized for various applications such as air separation, gas lift, gas purification, hydrodesulfurization, hydrogen production, natural gas processing, recycle compression, and vapor recovery.
Note that the outlook for this market is being affected by rapid changes in trade relations and tariffs globally. The report will be updated prior to delivery to reflect the latest status, including revised forecasts and quantified impact analysis. The report's Recommendations and Conclusions sections will be updated to give strategies for entities dealing with the fast-moving international environment.
Tariffs have impacted the midstream oil and gas equipment market by increasing the cost of imported pipes, compressors, valves, and processing equipment used in transportation and storage infrastructure. These tariffs have raised capital expenditure for pipeline operators and gas processing facilities, particularly in North America, Asia Pacific, and Europe where cross border equipment sourcing is common. Higher costs have slowed project timelines and infrastructure expansion in some segments such as pipelines and gas processing units. At the same time, tariffs have encouraged domestic manufacturing, regional supplier development, and localized sourcing strategies, supporting long term supply chain resilience.
The midstream oil & gas equipment market research report is one of a series of new reports from The Business Research Company that provides midstream oil & gas equipment market statistics, including midstream oil & gas equipment industry global market size, regional shares, competitors with a midstream oil & gas equipment market share, detailed midstream oil & gas equipment market segments, market trends and opportunities, and any further data you may need to thrive in the midstream oil & gas equipment industry. This midstream oil and gas equipment market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenarios of the industry.
The midstream oil & gas equipment market size has grown strongly in recent years. It will grow from $35.27 billion in 2025 to $37.77 billion in 2026 at a compound annual growth rate (CAGR) of 7.1%. The growth in the historic period can be attributed to growth in crude oil and natural gas production, expansion of cross border pipeline networks, increasing demand for energy transportation infrastructure, development of gas processing facilities, rising investments in storage and logistics infrastructure.
The midstream oil & gas equipment market size is expected to see strong growth in the next few years. It will grow to $50.99 billion in 2030 at a compound annual growth rate (CAGR) of 7.8%. The growth in the forecast period can be attributed to increasing natural gas consumption, expansion of LNG export capacity, modernization of midstream infrastructure, rising hydrogen production and processing activities, growing investments in pipeline integrity management. Major trends in the forecast period include expansion of long distance pipeline infrastructure, rising demand for high capacity gas compression systems, increasing deployment of advanced storage tank solutions, growing focus on pipeline safety and leak prevention equipment, upgradation of aging midstream transportation assets.
The rising global demand for oil and gas is anticipated to drive the growth of the midstream oil and gas equipment market in the coming years. The rising global demand for oil and gas refers to the expanding requirement for natural resources to fulfill the energy needs of industries and consumers worldwide. Midstream oil and gas infrastructure supports this demand by enabling the safe and efficient transport and storage of these resources. For example, in October 2024, the Energy Information Administration, a US government agency, reported that global oil production reached 100.9 million barrels per day (b/d) in 2023, marking an increase of 1.5 million b/d compared to 99.4 million b/d in 2022. Hence, the growing global demand for oil and gas is driving the midstream oil and gas equipment market.
Key players in the midstream oil & gas equipment market are concentrating on developing innovative digital solutions, such as cloud-based platforms, for optimizing natural gas compression. A cloud-based digital solution refers to software or services hosted and accessed via the internet. For instance, in September 2023, INNIO Group, an Austria-based energy solutions provider, in collaboration with Detechtion Technologies, a US-based provider of real-time asset performance management solutions, launched the SKIDIQ product suite, a cloud-based digital solution for natural gas compressor operators. By integrating INNIO's Waukesha engine analytics with Detechtion's real-time compressor monitoring, SKIDIQ delivers a comprehensive monitoring and optimization solution that reduces operational costs and improves uptime. The platform allows for troubleshooting of compressor and engine fault codes and provides direct access to the Waukesha E-help manual for rapid issue resolution.
In June 2023, Rental Equipment Investment Corp, a US-based specialty rental company, acquired Midstream Equipment Corp for an undisclosed sum. This acquisition was intended to strengthen REIC's specialty rental offerings in high-demand, critical applications within the oil & gas and large industrial sectors. Midstream Equipment Corp, based in Canada, is an oil and gas service provider. The company offers specialized rental solutions including compressors, generators, skids, and vapor recovery equipment for the oil and gas industry.
Major companies operating in the midstream oil & gas equipment market are Ariel Corporation, EVRAZ plc, General Electric Company, Pentair Industries Inc., Exterran Corporation, Sulzer Ltd., Flowserve Corporation, Tenaris SA, Cameron International Corporation, ABB Limited, Baker Hughes Company, Caterpillar Inc., Ebara Corporation, Trinity Industries Inc., Greenbrier Companies Inc., Energy Transfer LP, Boardwalk Pipeline Partners LP, Kinder Morgan Inc., Enterprise Products Partners LP, Enbridge Inc., MarkWest Energy Partners LP, TransCanada Corporation, Cheniere Energy Inc., The Williams Companies Inc., Plains All American Pipeline LP, ONEOK Inc., MPLX LP, Magellan Midstream Partners LP
Asia-Pacific was the largest region in the midstream oil and gas equipment market in 2025. and is expected to be the fastest-growing region in the global midstream oil and gas equipment market during the forecast period. The regions covered in the midstream oil & gas equipment market report are Asia-Pacific, South East Asia, Western Europe, Eastern Europe, North America, South America, Middle East, Africa
The countries covered in the midstream oil & gas equipment market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Taiwan, Russia, South Korea, UK, USA, Canada, Italy, Spain.
The midstream oil and gas equipment market consists of sales of metering and measurement equipment, separation equipment, cryogenic equipment, and filtration equipment. Values in this market are 'factory gate' values, that is the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors, and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods.
The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD unless otherwise specified).
The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.
Midstream Oil & Gas Equipment Market Global Report 2026 from The Business Research Company provides strategists, marketers and senior management with the critical information they need to assess the market.
This report focuses midstream oil & gas equipment market which is experiencing strong growth. The report gives a guide to the trends which will be shaping the market over the next ten years and beyond.
Where is the largest and fastest growing market for midstream oil & gas equipment ? How does the market relate to the overall economy, demography and other similar markets? What forces will shape the market going forward, including technological disruption, regulatory shifts, and changing consumer preferences? The midstream oil & gas equipment market global report from the Business Research Company answers all these questions and many more.
The report covers market characteristics, size and growth, segmentation, regional and country breakdowns, total addressable market (TAM), market attractiveness score (MAS), competitive landscape, market shares, company scoring matrix, trends and strategies for this market. It traces the market's historic and forecast market growth by geography.
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